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Port Raises $18M To Grow Its Popular Open Internal Developer Portal

PRIVATESep 13, 2023over 2 years ago

Amount Raised

$18 Million

Thunder Bay

Investors

Eyal ManorAner MazurShlomo KramerYoav LandmanTlv PartnersTeam8

Description

Port, the open internal developer portal, today announced that it had raised $18M in new funding for a total of $23M raised. The Series A round was led by Team8 with participation from seed investor TLV Partners. Angel investors, including Yoav Landman (CTO of Jfrog), Shlomo Kramer (co-founder of Check Point, Imperva and Cato Networks), Aner Mazur (former CPO, Snyk), and Eyal Manor (former CPO, Twillo) joined the round. In the last several months, Port has seen rapid adoption, gaining dozens of paying customers and a vibrant community as software organizations invest in platform engineering.

Company Information

Company

Port of Thunder Bay

Location

Thunder Bay, Ontario, Canada

About

The Port of Thunder Bay is the Western Canadian terminus of the St. Lawrence Seaway System, the largest inland waterway in the world. The opportunities are largely determined by the Port’s strategic role as it relates to the Seaway corridor. The Port was built to provide access to European markets for Western Canadian grain producers through the longest grain supply chain in the world. An integral part of the Port of Thunder Bay’s strategy is expanding upon the successful project cargo corridor, facilitating the movement of dimensional cargo to and from Western Canada and international markets. The Port coordinates the activities of stevedores, trucking companies, equipment operators, railways and fabricators to ensure that project cargo is handled efficiently and that shippers derive value out of shipping cargo via Thunder Bay, The Superior Way West.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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